Tag: technologies
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The Tech Divide: How Construction Firms Embrace Emerging Technologies
A new study from the University of Sydney’s School of Engineering analyzes how digital tools shape construction practices in Australia. The research examined how three tiers of companies and various roles within those companies see the present and future of emerging technologies. An observation that stands out is that the smallest companies rate the importance…
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Miller Electric Mfg. LLC and Novarc Technologies Announce Partnership
In an attempt to improve the welding industry, Miller Electric Mfg. LLC -a global manufacturer of arc welding products- and Novarc Technologies -an AI robotics company specializing in designing and manufacturing automated welding solutions- have announced their collaboration. The partnership aims to impact the welding industry with artificial intelligence (AI) and is set to drive advancements in automated…
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The Future of Home Solar: Emerging Technologies Ahead
The potential of home solar power indicates a promising direction toward a brighter future. Technological advancements are driving solar power systems to become both more efficient and affordable for homeowners who aim to cut energy costs and decrease environmental impact. Solar power will become much easier to capture in the future because new solar panels…
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Three concrete technologies to watch
Construction wants to improve its productivity and sustainability – and these emerging concrete technologies could be central to that. Self-stressing concrete Arriving in the UK from Latvia is a chemically self-stressing concrete, which contains a patented combination of three admixtures and steel fibres. Called PrīmX, the concrete has been developed by Primekss to be both…
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Technologies With the Highest ROI Potential in Engineering and Construction
KPMG’s 2023 Global Construction Survey presents insights from 267 individuals; professionals from engineering and construction firms (121) and project owners (146) from a variety of industries. The survey covers several topics, including innovation and technology. Following are picks from the technology results. Technology adoption trends The 2017 Global Construction Survey revealed industry adoption of technologies like BIM,…
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Slate Technologies Unveils Next-Gen AI Software for Enhanced Construction Decision-Making
Slate Technologies has introduced the new version of their Slate Decision Assistant, a generative AI tool intended to assist decision-making processes and data analytics in the construction sector. This update integrates Generative and Predictive AI technologies and introduces a proprietary Large Language Model specific to the construction industry. Slate’s software is designed to compile and…
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Suffolk Technologies Launches Its Annual BOOST Program for Startups
Suffolk Technologies, a VC firm focused on funding companies that address built environment challenges, has opened applications for its fourth BOOST program. The six-week intensive accelerator program aims to propel growth in built world startups, providing them with the necessary tools to revolutionize the industry. Participants will gain direct access to jobsites, deep operational insights,…
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Construction Technologies with the Greatest ROI Potential
KPMG’s 2021 Global Construction Survey scanned the industry’s recent changes and looked into the future. One of the survey topics is innovation and technology. The pandemic showed that forward-thinking companies enjoyed the benefits of their previous investments in technology. Perhaps as a consequence, most of the respondents’ companies plan a moderate or high level of…